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If the Stock of Physical Capital (That Is Machinery,equipment,etc

question 300

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If the stock of physical capital (that is machinery,equipment,etc. ) and human capital remain the same and the population increases,then


Definitions:

Government Spending

Expenditures made by the government in any given period, including on services, salaries, and infrastructure projects.

Economic Role

The functions and responsibilities that different entities (individuals, firms, governments) play in the economy.

Government

The governing body of a nation, state, or community which makes and enforces laws, policies, and regulations.

Interest Payments

The amount paid by a borrower to a lender as a charge for the use of borrowed money, typically expressed as an annual percentage of the principal.

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